Finnish renewable energy fund backed by Juncker Plan

EPA-EFE/JOEL KARPPANEN

A wind turbine of Vesta at the Outokumpu steel mill's production site, Tornio, Finland, 20 November 2017. During 2016 at total of 182 new wind power units were built in Finland, with a combined capacity of 570 MW. At the end of 2016, Finland's total wind power capacity stood at 1553 MW, produced by 552 wind enery units. The wind energy capacity has seen a rapid growth in Finland, but still lags behind international development in the sector according to the Wind Power Association of Finland.

Finnish renewable energy fund backed by Juncker Plan


Share on Facebook
Share on Twitter
Share on Google+
Share on LinkedIn
+

The European Investment Bank is providing up to €60 million in financing to the Finnish Taaleri SolarWind II fund, to create approximately 850 megawatts of renewable energy capacity which will offset over one million tonnes of CO2 annually throughout the 25 year life of the assets.
This contribution, together with additional financing from other sources is under the European Fund for Strategic Investments, the core element of the Investment Plan for Europe, or Juncker Plan, that has mobilised as of June nearly €410 billion of additional investment, including €8.5 billion in Finland.

Share on Facebook
Share on Twitter
Share on Google+
Share on LinkedIn
+